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How to buy real estate with siblings (so it doesn’t end in tears)

How to buy real estate with siblings (so it doesn’t end in tears)

As high property prices make it harder for single people to buy a home and service a mortgage, it may be tempting to buy with a sibling. But take care, or you risk ruining Christmas.

Lucy DeanWealth reporter
Updated

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When Brooke Selfe’s father suffered a brain haemorrhage in 2014, she and her brother realised it was time to make their long-time dream a reality.

“Since we were kids, we’d talked about having a house that everyone in the family could go to any time – our parents and our other siblings, partners, nieces and nephews,” says Selfe, a 46-year-old communications director based in Adelaide.

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Lucy Dean
Lucy DeanWealth reporterLucy Dean writes about wealth management, personal finance, lifestyle and leisure, based in The Australian Financial Review's Sydney newsroom. Connect with Lucy on Twitter. Email Lucy at l.dean@afr.com

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Original URL: https://www.afr.com/wealth/personal-finance/how-to-buy-with-siblings-without-ruining-christmas-20241127-p5ktx7